AUTOMOTIVE LIGHTING MARKET ANALYSIS

Market News

Key Developments:

• In June 2016, Magneti Marelli Automotive Lighting (MARELLI) started production of their new LED modules in Juárez production site in Mexico. This will help the company to serve their innovative products to their customers in NAFTA region.
• In January 2019, Valeo SA and Cree, Inc. showcased their jointly developed high definition (HD) LED array solution for automotive lighting systems. According to company, this module is much smaller and lighter than the other HD lighting solutions which makes it easier to integrate into all vehicles.
• In April 2018, Continental AG and Osram GMBH enters into an agreement to create a joint venture Osram Continental; to build an automotive lighting module. From July 2018, the new company is working on utilizing advancements in digitalization to produce intelligent car lighting solutions.
• In September 2019, HELLA and China FAW Group Co., Ltd. (FAW), one of the largest automobile manufacturers in China enters into an agreement to create a joint venture Changchun Hella Faway Automotive Lighting. This new company will provide headlamp systems as well as innovative car body and interior lighting products for vehicles.
• In September 2019, HELLA GmbH & Co. KGaA has launched the next generation of their Matrix LED systems. The new solution has “Solid State Lighting | High Definition" (SSL | HD) technology with miniaturized the light source. With the help of this technology, 15,000 LED pixels can be intelligently and individually controlled. The company has acquired its first order to integrate this new technology into a headlamps and is expected to available on road in next three years.